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SHENZHEN, China, Dec. 8, 2023 /Xinhua-AsiaNet/--

On December 8, the 2023 Shenzhen Global Investment Promotion Conference was

held in Shenzhen, China. Over 380 projects were signed, with a total investment

of 1 trillion yuan. The event was attended by more than 1,000 distinguished

guests from countries and regions including the United States, Japan, and the

EU.

Shenzhen, an open city, is extending invitations to global investors. Under the

theme of "Create New Paradigms, Embrace Shared Opportunities -- Invest in

Shenzhen, Build a Winning Future", the Conference took place in the format of

"1+1+12+N" events, according to the Commerce Bureau of Shenzhen Municipality.

Specifically, it consists of one main event, namely the Investment Promotion

Conference and the Shenzhen City Summary Meeting on Investment Promotion; one

Investment Outcome Exhibition Area; 12 district-level investment promotion

conferences; and several overseas parallel sessions and industrial investment

promotion activities. Ten overseas parallel sessions were staged in Madrid,

Zurich, Hawaii, Vancouver, San Diego, Brisbane, Chicago, Tokyo, Sydney, and

Milan. 12 industry investment promotion activities were held on various topics,

including energy storage, digital energy, finance, consumption, talent

attraction, and high-tech industries.

A favorable business environment serves as the best "Chinese parasol tree", the

greatest "magnet", and the core competitiveness of a city. The Conference

showcased investment opportunities and policies for investing in Shenzhen as

well as presented Shenzhen's first-class business environment to the world.

Shenzhen has ranked among the top in China's business environment evaluations

for all 18 indicators. With a flourishing private economy, Shenzhen boasts a

total of 4.16 million registered business entities and ranks first nationwide

for the total quantity and density of entrepreneurship.

The excellent business environment has made Shenzhen a popular land for

international investment, and multinational companies maintain promising

prospects for investment in the city. Thomas Triomphe, Global Executive

President of Sanofi Pasteur, expressed confidence in the tremendous potential

Shenzhen holds for the future. "This is an incredible city. The technological

and economic development in Shenzhen has been impressive over the past few

years," said David Kohler, Chairman and CEO of Kohler Group.

This year, the Conference set up the Investment Outcome Exhibition Area for the

first time to present the investment outcomes and development plans of the

districts and departments of the city in recent years. An area was also set up

for an exhibition on local renowned brands to display products in advanced

manufacturing, consumer electronics, trendy lifestyles, and the new-style tea

industry.

Source: The Commerce Bureau of Shenzhen Municipality